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RUSSIA: Federal budget revenues keep growing
However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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Geographic
Topical
The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…
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DOI: 10.1108/OXAN-DB285518
ISSN: 2633-304X
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Geographic
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Record levels of defence spending have led to surging demand for inputs used to manufacture military equipment, driving up output across various sectors. However, evidence of…
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DOI: 10.1108/OXAN-DB285498
ISSN: 2633-304X
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Geographic
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Israel’s war with Hamas is taking a growing toll on the economy mainly due to labour shortages. The economy has recovered quickly from previous short wars, but this conflict…
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DOI: 10.1108/OXAN-DB283437
ISSN: 2633-304X
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He was speaking at the signing ceremony for the first USD845mn grant bolstering the national budget, under a new agreement signed this year. The Gaza war has exacerbated concerns…
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DOI: 10.1108/OXAN-DB283977
ISSN: 2633-304X
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Chinese President Xi Jinping addressed the opening ceremony by video link, hailing the “irresistible” trend towards multipolarity and economic globalisation. The forum discussed…
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DOI: 10.1108/OXAN-DB280576
ISSN: 2633-304X
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Russia’s invasion of Ukraine cut the supply of major staples to the Baltic states and the Visegrad Four (V4: Czechia, Hungary, Poland and Slovakia). Local factors, such as import…
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DOI: 10.1108/OXAN-DB275141
ISSN: 2633-304X
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The recession was far shallower than expected; early forecasts had predicted a contraction of up to 10%. However, economic decline will continue into 2023. Unprecedented sanctions…
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DOI: 10.1108/OXAN-DB276773
ISSN: 2633-304X
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Geographic
Topical
Central-East European (CEE) economies grow faster than most in good times but are more vulnerable in bad times, lacking the political and financial capital and competences to…